Altea Apartment

Apartment with Ocean View, Tourist License, and Additional Studio—a Rare Investment Opportunity in Mascarat, Altea

Located in the sought-after area of Mascarat near Altea, this attractive apartment awaits you on the sixth floor of a modern residential building. With stunning panoramic views of the Mediterranean Sea and the Bay of Altea, a spacious south-facing terrace, and an existing tourist license, this property offers an appealing combination of Mediterranean living comfort and versatile rental potential. Plenty of natural light and sunny living areas!

The apartment features 87 m² of living space and is bright, modern, and fully renovated. The layout includes two spacious double bedrooms, two bathrooms, a spacious living room, and a fully equipped kitchen with a practical galley. Thanks to its south-facing orientation, you’ll enjoy pleasant natural light and can take in the impressive views of the sea and the coastal landscape from the spacious terrace.

A special highlight is the additional, fully renovated, and independent studio included with the property. It offers further possibilities for use—for example, as a private guest area for family and friends or as a separate rental unit. This opens up an interesting opportunity to combine different living and rental concepts.

The existing tourist license makes the property particularly attractive to buyers considering vacation rentals. According to the available property information, the average occupancy rate is approximately 60%, and the average nightly rate is around €120.

Long-term rental also offers attractive prospects: The apartment is estimated to have a potential monthly rental income of between €1,000 and €1,500. The additional studio is estimated to generate an additional potential rental income of approximately €700 per month. Actual income, of course, depends on the rental market and prevailing conditions.

The modern residential building features an elevator and a concierge service. The apartment is fully air-conditioned and, thanks to central heating, offers comfortable living even during the cooler months.

Another unique feature: Only eight apartments in total are available for sale in this residential complex. This presents an interesting opportunity for buyers looking to secure a property in this attractive location.

Whether as a vacation home with an additional guest studio, as an investment, or as a personal retreat on the Mediterranean—this apartment combines ocean views, a unique floor plan, and versatile usage options in one of Altea’s most charming coastal locations.

Purchase price: €450,000